CLOSING NUMBERS

Markets closed higher with the big winner again being the DJIA which was up about 70 while the RUT/MID groups lagged.

The DJIA is a hair off the all time record while the MID/RUT are about 2% off and the SPX about 1% lower.

Strong sectors included biotechs, wintel, utilities, drugs, semis, airlines, homies, oils, tech, retail, big caps and large cap value. Leading lower - silvers, real estate, metals, internets and exchanges.

Winners included MA C DJ DNA GILD and INFY while GS LEH LM CME NYX ICE BOT BAM FLA PG BIDU GOOG and AAPL were lower.

Interesting how the banks/tech was strong, brokers were mixed oils strong and the SPX/OEX was barely up 1/4%.

Market internals were very flat on the NAZ/NYSE while the OEX climbed to 7/3 green to red and the NDX about 65/35.

The DJIA had great internals with 26 components higher while the SPX was 3/2 up to down.

Volatility indexes gave a buy signal this morning when the market were flatted and those who dipped into the DIA/YM made some money. I suspect the rally isn't done so I am holding my longs for now. Remember, bottom line, its a bull market and their is a demand for equities.

And late breaking news, a slight majority of the Bancroft family is apparently opposing the NWS bid - any chance they want a higher price (lol). Not sure how GE will let Rupert get DJ if they want to continue with a "top flight" CNBC business network. Don't be surprised if they come in and the price eventually goes north of 70. Remember at $60 the price is $5Billion or chicken feed to NWS or GE.